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the center of negotiations, really. the u.n. secretary-general is also in the region. so we seem to have the power players of the diplomatic world in the region, trying to come together with some terms to stop this violence. but violence continues, even though it seemed like we're so close to a cease fire, the finer details are being worked out, the violence continues in gaza. overnight, israeli defense forces attacked again about 100 targets in the gaza strip. today, the militants within the gaza strip have launched about 30 rockets into israel, so the violence continues, even though we seem to be getting more and more people involved in making a cease fire come to a conclusion and end this violence as we begin this second week of this conflict. ross? >> thank you for that. we'll talk to you a little bit later. chapman bell from tel aviv. >>> officials from six world powers are meeting in brussels to plan for a possible new round of talks with iran to avert the threat of a military conflict. also, japan's trade deficit has widened, exacerbated by territorial tensions. now we have the de
. and the u.s. treasury says the u.n. is still undervalued but stopped short of labeling china a currency manipulator. it says china has allowed the u.n. to appreciate 20% since 2010. >>> a new report suggests the u.s. treasury has fewer tools available to stave off a default that it did in 2011. if congress fails to increase the debt ceiling by year end. the bipartisan policy center says the u.s. will hit the $16.4 trillion limit in the last week of december with big payments due -- get this -- on new year's eve. >>> there's still time to scrounge up $2 if you're in the u.s. and go buy a power ball lottery ticket. the jackpot for tonight's drawing, which will take place at 10:59 p.m. eastern, is a record $500 million. it swelled in the past few days. earlier, the megamillions lottery hit a previous record jackpot of $656 million. the power ball is played across 42 u.s. states and the odds of winning it all are one in 175 million. now, if only that could help us solve the fiscal cliff and our debt ceiling issues, then it would really be something. e-mail us your thoughts. and if you're bu
focused on yield. we have an the u.n. weight to equities. most of the equity exposure right now is outside of america. that's been a good thing for us since july and then we have an overweight to extend fixed economic and credit. looking at emerging market debt. watching carefully and still happy to own high yield debt and mortgage-backed securities. >> this is a serious question. we had peter fisher on the show, former undersecretary who said, you know, they just might do the right thing. either online or got your "wall street journal" in hand. what if they do the right thing. jeremy segal says stocks are going to 15,000 and 17,000. is that seriously possible? >> look, you have very little liquidity at year end, right, so there's in the a lot of volume in the markets so things can move much more. it's exaggerated. if we get a credible bipartisan deal december 15th you're going to have a huge relief rally into year end. >> 15,000, mr. baldwin? >> not right away. stocks are slightly overpriced. like them for 40 years, not sure about four months. >> good stuff. rebecca patterson and william
hostess funeral home. sgit that hail mary effort yesterday between hostess executives and the bakers u.n. to try union, they tried to come to a deal. they couldn't. now it's back to square one, what the judge was discussing on monday, a potential liquidation. they wanted to avoid it. they wanted to avoid costing as many jobs as it would. 18,500 people. that's how many people hostess employs. here's some issues that are going to be on the docket for certain. there is a motion by a trustee to liquidate the company in chapter 7, not chapter 11. what that means is new management would be appointed to affect the winddown, not the current management in place. another motion deals with executive pay. right now the executives are slated to get about $1.75 million as part of the wind-down effort. also a motion over what the employees who would be retained at hostess, those 3,200 people, would actually get paid once they stayed on board and help with the wind-down. the ceo of the company said the wind-down or shutdown, liquidation, whatever you want to call it, costs about $1 million a day. it's n
to the good old stories. apple once again king of smart phone sales in the u.s. but which one wins the stock war? apple versus google up next. >>> plus, hewlett-packard and ahn to ah n -- autonomy. it's getting uglier. open letters, public insults, now a lawsuit. in a word, it is ugly. we will have details coming up. [ male announcer ] if you suffer from heartburn 2 or more days a week, why use temporary treatments when you can prevent the acid that's causing it with prevacid24hr. with one pill prevacid24hr works at the source to prevent the acid that causes frequent heartburn all day and all night. and with new prevacid24hr perks, you can earn rewards from dinner deals to music downloads for purchasing prevacid24hr. prevent acid all day and all night for 24 hours with prevacid24hr. prevent acid all day and all night for 24 hours well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of money, so don't overpay for motorcycle insurance. g
's done. he's done this on purpose -- >> the u.s. government has filed on the other side. filed the amicus brief on the other side. >> right but he is so furious with argentina, fighting with them for ten years n his '80s, berates their lawyers in court all the time about all of these issues, he's had it and wants to bring this issue to a head now. she has said no way, federal court. >> they claim they're going to appeal, it will be difficult to get an appeal. december 15th will be extremely interesting to see what happens. this story keeps on giving. christi christina kirchner was worried because they've seized a vessel in the port of ghana recently. we'll see what finally happens when it finally gets done. >> steve you have any thoughts on how that might affect more broadly? >> no idea. >> the basque separatist? >> they would be the basque country, a different part of spain. >> and portugal looks like they cut that out. >> at least they stick to the language. >> different word for every word? that's weird. >> greece, i think has the longest term systemic issues that still aren't going to
Search Results 0 to 5 of about 6